Newly Announced Forms and Rules for PPP

We are aware that many of our clients are interested in applying for the second round of PPP. As such, we want to provide you with several important updates regarding the new requirements attached to the legislation.

Approaching Texas Annual Report and Franchise Tax Report Deadline

If you are an individual who submits their own Texas Annual Report and Franchise Tax Report, it is possible that you may not get a paper notice of the upcoming due date this year.

Things You Should Know About Cost Segregation 

Cost Segregation is a helpful method that will:

  • INCREASE a business owner’s cash flows and,

  • DECREASE their taxable income. 


HERE’S HOW:   

1099 Information Reporting & Matching

As we approach the close of 2020, it is time to plan for year-end reporting.  One of the main year-end reporting items that can be time consuming, and comes with stiff penalties if not done properly, is 1099 reporting.

© 2020 by Seth & Alexander

Manish Seth, CPA, CFE

E: manish@sethandalexander.com

T: 281-660-7384

3 Sugar Creek Center Blvd, Suite 100 Sugar Land, TX 77478

M. Alexander Aguilar, MBA

E: m.alexander@sethandalexander.com

T: 832-470-8670

3 Sugar Creek Center Blvd, Suite 100 Sugar Land, TX 77478